5g And Next Gen Consumer Banking Services

Download or read book 5G and Next-Gen Consumer Banking Services written by Krunoslav Ris, PhD and published by CRC Press. This book was released on 2021-12-22 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future has already begin. The banking industry needs to adjust, or it will disappear in the next decade. With the help of 5G, next-generation intelligent ATM-like devices will have highly integrated functions and use technologies such as artificial intelligences-assisted self-service contactless interfaces with facial recognition and digital signatures. This book focuses on new experiences that clients can expect when connected to a 5G network with a 5G device. By 2022 we hope that 5G will: Drive accelerated mBanking growth Power augmented reality /virtual reality Make Video shopping experiences more widespread and compelling Enable banks to deploy highly personalized customer service experiences Support time-sensitive banking applications, like online stock trading where milliseconds can determine a gain or loss Improve security and fraud prevention bycomputing and exchanging more data traveling between parties in real-time Enhance mPOS transactions and utilization. 5G holds the potential to accelerate mobile point of sale (MPOS) transaction processing time and improve connectivity In order to explore these topics, this book covers: • Decentralization of the banks • Banking without banks • 5G will change the modern banking industry • Blockchain adoption by the banking industry

Download or read book Digital Transformation Handbook written by Krunoslav Ris and published by CRC Press. This book was released on 2023-09-13 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital transformation has become more than a buzzword from the media since companies figured out the importance of rethinking business processes during global challenges. On its own, the term assumes integration of digital technology into all areas of a business, resulting in fundamental changes to how the company operates and delivers value to customers. Taking care of and choosing the optimal ICT tools is a constant struggle; the final decision may depend on the consultant’s experience. Including all business stakeholders in this process is a must. Creating innovative company culture, continuous learning, and developing new skills with flexible and open communication and willingness to experiment are a challenge. This complex, comprehensive approach can include implementing new systems, integrating existing systems, and using data analytics and artificial intelligence (AI) or machine learning to drive better outcomes. By adapting and exploiting digital technology in new ways, businesses can gain better and more detailed customer experiences and build stronger relationships with their clients. In addition, digital transformation can help organizations to be more agile and responsive, which can lead to less time needed for different processes or the ability to adapt quickly to changing conditions. In a time when change is the only constant – and it is hitting us every day not to forget about that – it is essential to think about digital transformation constantly. Technology improvement, availability, and scalability give us no room for excuses for not using them. Who can say that we are not living in dynamic and exciting times? The Authors have taken their 20 years of practical experience and put it into this handbook, in which many cases can be found where not every time is a success story. This book is prepared to provide some insights, give you a fresh overview of what such change can enable, and set up an environment for new technology that will arrive shortly.

Download or read book 5g and Next-Gen Consumer Banking Services written by Krunoslav Ris Phd and published by . This book was released on 2024-10-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers: - Decentralization of the Banks - Banking without Banks - 5G will change Bank Industry - BlockChain adoption by the Banking industry - Modern Banking Industry

Download or read book Handbook of Research on Social Impacts of E-Payment and Blockchain Technology written by Lai, P.C. and published by IGI Global. This book was released on 2021-12-10 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social landscape is undergoing a global change with the emergence of e-payment and blockchain technology. This new technology changes the ways in which consumers and businesses interact with each other. This dynamic offers both opportunities and challenges to the socioeconomic landscape. It is important to understand the strategies, opportunities, and challenges contained in the e-payment and blockchain sector. The Handbook of Research on Social Impacts of E-Payment and Blockchain Technology is a comprehensive reference source that examines the strategies, opportunities, and challenges contained in the value creation of e-payment and blockchain technology, which lead to economic and social progression. Further delving into topics such as mobile financial services, technopreneurship, and cryptocurrencies, this dynamic resource is essential for students, academicians, entrepreneurs, corporate managers, business executives, researchers, blockchain professionals, technologists, systems engineers, policymakers, and government officials.

Download or read book AI and the Future of Banking written by Tony Boobier and published by John Wiley & Sons. This book was released on 2020-04-09 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: An industry-specific guide to the applications of Advanced Analytics and AI to the banking industry Artificial Intelligence (AI) technologies help organisations to get smarter and more effective over time – ultimately responding to, learning from and interacting with human voices. It is predicted that by 2025, half of all businesses will be using these intelligent, self-learning systems. Across its entire breadth and depth, the banking industry is at the forefront of investigating Advanced Analytics and AI technology for use in a broad range of applications, such as customer analytics and providing wealth advice for clients. AI and the Future of Banking provides new and established banking industry professionals with the essential information on the implications of data and analytics on their roles, responsibilities and personal career development. Unlike existing books on the subject which tend to be overly technical and complex, this accessible, reader-friendly guide is designed to be easily understood by any banking professional with limited or no IT background. Chapters focus on practical guidance on the use of analytics to improve operational effectiveness, customer retention and finance and risk management. Theory and published case studies are clearly explained, whilst considerations such as operating costs, regulation and market saturation are discussed in real-world context. Written by a recognised expert in AI and Advanced Analytics, this book: Explores the numerous applications for Advanced Analytics and AI in various areas of banking and finance Offers advice on the most effective ways to integrate AI into existing bank ecosystems Suggests alternative and complementary visions for the future of banking, addressing issues like branch transformation, new models of universal banking and ‘debranding’ Explains the concept of ‘Open Banking,’ which securely shares information without needing to reveal passwords Addresses the development of leadership relative to AI adoption in the banking industry AI and the Future of Banking is an informative and up-to-date resource for bank executives and managers, new entrants to the banking industry, financial technology and financial services practitioners and students in postgraduate finance and banking courses.

Download or read book The Future of Finance written by Henri Arslanian and published by Springer. This book was released on 2019-07-15 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.

Download or read book Organized Crime written by Antonio Nicaso and published by Routledge. This book was released on 2021-04-15 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to describe and demystify what makes criminal gangs so culturally powerful. It examines their codes of conduct, initiation rites, secret communications methods, origin myths, symbols, and the like that imbue the gangsters with the pride and nonchalance that goes hand in hand with their criminal activities. Mobsters are everywhere in the movies, on television, and on websites. Contemporary societies are clearly fascinated by them. Why is this so? What feature and constituents of organized criminal gangs make them so emotionally powerful—to themselves and others? These are the questions that have guided the writing of this textbook, which is intended as an introduction to organized crime from the angle of cultural analysis. Key topics include: • An historic overview of organized crime, including the social, economic, and cultural conditions that favour its development; • A review of the type of people who make up organized gangs and the activities in which they engage; • The symbols, rituals, codes and languages that characterize criminal institutions; • The relationship between organized crime and cybercrime; • The role of women in organized crime; • Drugs and narco-terrorism; • Media portrayals of organized crime. Organized Crime includes case studies and offers an accessible, interdisciplinary approach to the subject of organized crime. It is essential reading for students engaged with organized crime across criminology, sociology, anthropology and psychology.